My $BRO Tokens Are Earning a 29.69% APR! 🚀
Crunched the numbers this morning and as of today my $BRO tokens are earning an APR of nearly 30%! BRO is 2nd layer token built on Hive which can be exchanged through https://leodex.io/
Holding BRO has to be the easiest way to earn pretty much all of HIVE's best 2nd layer tokens, and of course that includes LEO!
I originally purchased BRO because I was already somewhat familiar with Project Lead @raymondspeaks through the Neoxian tribe. That and I knew he was creating a dividend token, and already had a few good men by his side through the Man Cave community.
I own 1,000 BRO and this currently pulls in give or take 6.164 HIVE / DAY or $0.813 in various Hive-Engine tokens.
$BRO Token is backed the Bro Fund Holdings which includes miners, and is also put to work to earn curation rewards. These rewards are then distributed on a daily basis to BRO holders.
Hive-Engine Tokens Earned
These are the tokens deposited into my wallet on a daily basis based on my current BRO holdings.
0.800 LEO
0.135 ARCHON
6.00 NEOXAG
570 SIM
0.700 STEM
0.700 PAL
0.410 WEED
0.120 BEE
Currently 1 BRO retails for = $1.06 USD, and with a nearly 30% APR it's still undervalued but the price is steadily increasing.
Did I mention that NO MORE BRO WILL BE MINTED.
This definitely gives me some piece of mind, which is more than I can say for many projects that I've invested in.
The BRO FUND is heavily invested in LEO which is awesome! I like being able to sit back watch my LEO stack up.
If you're interested in connecting with the Project Lead and community behind BRO then I invite you to pop into the Man Cave Discord server and say hi, poke around, and ask questions.
Man-Cave Discord
Not financial advise but if you like earning completely passive income, to the tune of nearly 30% APR you should have a look at this project.
Ciao for now,
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Great to know. Thanks for crunching those numbers. I didnt realize it was yielding that much.
It is great to see funds starting to enjoy returns that are outsized compared to what people are accustomed to.
Hopefully we see a lot more of them developing on Hive in 2021.
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My pleasure, I had only done the math once before back in the fall. Obviously I knew it was yielding a good return, but prices change so good to know exactly where it stands. Annnd the price of LEO taking off has helped considerably, very thankful the fund invested in LEO before the upswing in momentum.
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